Description

Sponsor sale, no board approval. Presenting a rare five-unit assemblage opportunity in the heart of Brighton Beach, consisting of five one-bedroom, one-bath residences across 40 Brighton 1st Road and 50 Brighton 1st Road. Offered exclusively as a package deal for $975,000, this investment portfolio includes three units at 40 Brighton 1st Road and two units at 50 Brighton 1st Road. The units cannot be sold individually and will be transferred with all current occupants in place. A pro forma and additional financials are available upon request.

Located within highly desirable full-service luxury co-op buildings just moments from the beach and boardwalk, residents enjoy access to amenities including a 24-hour doorman, outdoor swimming pool, sauna/steam room, fitness center, laundry facilities, storage, recreation spaces, and on-site management. Subleasing is permitted after one year of residency, adding long-term flexibility and investment appeal.

Each unit is being offered significantly below estimated market value, presenting a unique opportunity for investors seeking future upside through both rental income and long-term appreciation potential. Access to the units will only be granted upon an accepted offer. Perfectly positioned near Brighton Beach Avenue, transportation, shopping, dining, and the B/Q subway lines, this is a rare opportunity to acquire scale and long-term value in one of Brooklyn's most established waterfront communities.

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Building Features 16 Floors448 Units

elevator
intercom
courtyard
gym
laundry
parking
pool

Unit Features

allowed
garage
Pet Policy: Building Yes, No

$195,000

Listed on May 18, 2026

70 Days on Market

1 Bed / 1 Bath - / - ft²

Total Monthly Expenses: $1,175

Exclusively listed with: Douglas Elliman Real Estate Source: RLS

Jason
Abrishami

[email protected]

(516) 238-3520

Jerry
Minsky

[email protected]

(917) 301-1604

Listing Courtesy of Douglas Elliman Real Estate View Listing

Unit listing history

Date Status Amount Listed by
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